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Carmen Leal
Macdonald Realty Ltd
www.carmenleal.ca
604-218-4846
Thursday, 7 July 2016
B.C. releases first set of data on foreign home ownership in Vancouver
New data show foreign buyers purchased 5 per cent of the homes sold in and around Vancouver over three weeks last month and, on average, spent about $400,000 more than Canadians in these transactions, the first statistical hint of the impact offshore money might be having on the region’s overheated market.
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